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Microsoft says its Q2 capital expenditures rose 66% YoY to $37.5B, exceeding analyst estimates for $36.2B; MSFT drops 10%+

Matt Day /Bloomberg:

Bloomberg Matt Day

Discussion

  • @munster_gene Gene Munster on x
    $MSFT continues to further fade. Now down 7%. 45% of the backlog being due to OpenAI.
  • @rihardjarc Rihard Jarc on x
    $MSFT Azure +39% YoY. Stock is down because expectations were already high but the results are still impressive, long-term investors should be happy.